PPP Loan information for Garzo tire inc

$300,000

Garzo tire inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 01/21/2021 by The First Farmers Bank & Trust Co. reported 21 jobs and $300,000 was used to fund payroll.

Garzo tire inc is Existing or more than 2 years old

PPP Loan Search / IN / Terre Haute / Garzo tire inc

GARZO TIRE INC

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GARZO TIRE INC

Borrower Address

201 Demorest St

Borrower City

Terre Haute

Borrower State

IN

Borrower Zip

47802-1511

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Terre Haute

Project County Name

VIGO

Project State

IN

Project Zip

47802-1511

CD

IN-08

Jobs Reported

21

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301569.86

Forgiveness Date

08/09/2021

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